Queensland Consolidated Acts Queensland Consolidated Acts(1) If the applicant intends carrying on business under a licence and is required under this Act to keep a trust account, the applicant must--
(a) state in the applicant's application the name and business address of an auditor appointed by the applicant to audit the trust account; and
(b) give the chief executive evidence that the auditor has accepted the appointment as auditor.
Note--
A property developer is not required to keep a trust account. See section 374.
(2) In this section--
auditor has the meaning given by section 391.